Q: What's up with CPX? I like my utilities to be boring, not bouncing. It leapt up by 7% last Friday, only to drop by more than 6% yesterday and is now down another 3.5% today.
It's done very well in the last year. Is that likely to continue? Would you hold, or trade this one for another utility?
It's done very well in the last year. Is that likely to continue? Would you hold, or trade this one for another utility?
5i Research Answer:
CPX has been bouncing around of late in part due to some of the end of year volatility driven by...